Could Gas Prices Fall in the Fall

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UNITED STATES (KFTA) — Waiting a bit later in the fall to take a road trip could save you some cash.

That’s because gas prices are expected to drop.  

Experts forecast that the price at the pump will decrease by more than a quarter per gallon.

Part of the anticipated decrease includes the switchover to winter-blend gasoline, plus crude oil prices are stable and the demand is lower after Labor Day.

“The biggest threat that could change that would be a hurricane. We haven’t seen really any large activity in the gulf coast, that could change. Last year at this time, Harvey was wreaking havoc and prices were going up then,” said Jeanette Casselano, AAA spokesperson. 

The month of May saw this year’s highest gas prices when the national average topped at $2.97 per gallon.

Copyright 2020 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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